The New York State's attorney general has filed a securities fraud lawsuit against Barclays BARC.L, accusing the British bank of giving an unfair edge in the United States to high-frequency trading clients even as it claimed to be protecting other customers from such traders. The lawsuit, which relates to Barclays' LX Liquidity Cross 'dark pool' alternative trading system, alleges that the bank promised to get the best possible prices for customers looking to buy or sell shares but instead took steps that maximized the bank's profits and executed nearly all of its customers' stock orders on LX instead of on exchanges or other venues that might have offered better prices.
via Business News - Yahoo Finance http://ift.tt/1qdtQQu
0 commentaires:
Enregistrer un commentaire